Abstract Low output growth in Nigeria have been attributed to a number of factors such as poor technology, demographic factors, social conditions, poor macroeconomic policies, insufftcient infiastructural facilities and high dependence on primary products. What however, attracts lesser attention is the interface between output growth and macroeconomic fluctuations. It is not only that output growth is low but it fluctuates beyond the expectations of different macroeconomic analysts. There ha...
Abstract Poverty Is Profoundly Endemic In Many Countries Especially In Less Developed Countries. In Nigeria, Poverty Is A Reality That Depicts The Lack Of Food, Clothes, Education, And Other Basic Amenities. Severely Poor People Lack The Most Basic Necessities Of Life To A Degree That It Can Be Wondered How They Manage To Survive. There Are Several Effects And Deficiencies Associated With Poverty In Nigeria. One Of The Main Effects Of Poverty Is Poor Medical Services, As Is Reflected In...
ABSTRACT This study sought to evaluate the growth of youth-led MSEs in Kirinyaga County with the aim of coming up with recommendations that will help the enhancement of growth of the initiatives to spur the growth of MSEs. The study’s objectives were: To assess the effect of finance availability on the growth of youth-led MSEs; to analyse the extent to which management contributes to the growth of youth-led MSEs; to explore the influence of technology on the growth of youth-led MSEs; and t...
ABSTRACT In spite of the attempts made by some studies to explore access to credit and its effect on output of small scale farmers in Nigeria, most of these studies did not apply the widely accepted impact assessment methodologies and therefore, may be subject to serious problems due to sample selection bias. This problem inspired this study which seeks to find the demographic and socio-economic features of small scale farmers in Nigeria which significantly determine their access to credit a...
ABSTRACT The importance of investment in economic growth cannot be overemphasized. This has led to an upsurge in the study of its determinants. This research therefore, seeks to investigate the impact of interest rate liberalization on investment in Nigeria from 1970-2012. Using the Error Correction Model (ECM), the result indicates that a long run relationship exists among the variables. The result further reveals that all the variables have significant impact on investment. The study equal...
ABSTRACT In this paper, an empirical analysis is used to compare the effects of oil price shock and exchange rate volatility on the economic growth of Nigeria and Kenya. Firstly, a LA-VAR model is applied to investigate whether the oil price shock and exchange rate volatility have the Granger Causality to economic growth of both Nigeria and Kenya. Secondly, we apply a VAR model with co-integration technique to examine how GDP Growth of Nigeria and Kenya are affected by changes in oil prices...
ABSTRACT Out-of-pocket expenditure at point of seeking healthcare services is the major means of financing healthcare in Nigeria, among other financing mechanisms. This is because most households (over 95%) are excluded from the financial risk protection of health insurance. The decision to utilize health services by households implies the decision to pay for them. This has resulted into a situation where households have to sale assets, borrow money or sometimes, forgo the consumption of oth...
ABSTRACT The study examines the effect of globalization on the Nigerian financial sector. It is also aimed at ascertaining the impact of globalization on the Nigerian commercial banks and the stock exchange. Assets of the Nigerian financial sector and commercial banks were used as performance indicators of the Nigerian financial sector and the commercial banks. Market capitalization was used as performance indicator of the Nigerian stock exchange. The data used are Nigerian yearly data from ...
ABSTRACT This study stems the depletion of Nigeria’s Reserves in recent times and the possible implications of this fluctuation of the Foreign Exchange Reserves on the macroeconomic stability of Nigeria in tandem with factors like holding of Reserves in excess and the desirability or otherwise of holding Reserves as embedded in the nation’s Reserve Management Strategy. The study used quarterly data ranging from the first quarter of 1981 to the first quarter of 2015. A Reserve demand...
ABSTRACT It is an undeniable fact that trade has been facilitating growth and development of countries across the world. This underscores the recent upsurge in establishing multilateral trade relationship between Nigeria and other countries especially, the G8 member countries. While these realities are still contestable in terms of the potential benefits of the trade linkage that Nigeria stands to gain, the trajectory of the influx of export to Nigeria from the latter countries calls fo...
ABSTRACT Recent research emphasizes adopting business models that not only improve market linkages but also enable inclusion of smallholder farmers in high value markets along the value chains. While evidence points to positive impact of business models choice, studies seldom exploit the extent of their impact on smallholder gross income. Besides, socioeconomic and institutional factors associated with such choice of the models are discussed incoherently, hence less understood. The objectives...
ABSTRACT The dairy industry in Kenya has faced and continues to face challenges in the inefficiency of linkages among supply chain actors. Despite this, the industry still plays an important nutrition and economic role in the lives of many people ranging from farmers to milk hawkers, consumers and processors. Since liberalization of the sector in 1992, a vast array of dairy marketing channels has sprung up, presenting smallholder farmers with multiple marketing channel options. Any choice of ...
ABSTRACT Ethiopia’s agricultural sector accounts to 40 percent of national Gross Domestic Product. This shows that the sector is important in improving the livelihoods of the bulk of the population. Despite its importance, the agricultural sector in Ethiopia is characterized by low productivity. To improve this and overall economic growth, the Ethiopian government has focused on promotion of organic fertilizer use. However, adoption of organic fertilizer remains low in most parts of Ethiopi...
ABSTRACT Malaria incidence threatens human existence and reduces economic prospects in countries with high prevalence. Physical challenges caused by malaria can be a limitation to employment probability in the labour market. The co-existence of malaria with high rate of poverty in Nigeria has implications on income loss. While the direct (treatment) and indirect (productivity loss) cost burden of malaria in relation to Gross Domestic Product (GDP) has been examined in Nigeria, its effects ...
Introduction This study explores the effect of oil price shocks on Ugandan economy. In studying the effect of oil price shocks on Ugandan economy, the movement of Real Gross Domestic Product (GDP), Inflation, Unemployment and Net Official Development Assistance for Uganda as a result of world oil price shocks will be investigated. It will further analyse the determinants of oil imports in Uganda. The proposal is arranged into three chapters as follows: Chapter one is the introduction with te...